International Business & Economic Development

INTERNATIONAL BUSINESS & ECONOMIC DEVELOPMENT IN INDIA pen: V. SUJIL, MBA CO- AUTHOR: S. PREETHI, MBA, DPMIR., LECTURER - MANAGEMENT STUDIES SASURIE ACADEMY OF ENGINEERING, COIMBATORE. ABSTRACT International Business in India looks really lucrative and every day, it is coming up with to a greater extent possibilities. The growth in the international business sector in India is much than 7% annually. There is scope for more value if only the relations with the neighboring countries are stabilized. The mind-blowing cognitive operation of the stock market in India has gathered all the more attention (in comparison to the other international bourses). India definitely stands as an opportune place to explore business possibilities, with its high-skilled manpower and develop middle class segment. The economic development of India was dominated by socialist-influenced policies, state-owned sectors, and red tape & extensive regulations, collectively known as License Raj. It led the country and its economy isolated from the human race economy.

However the scenario started changing from the mid-1980s, when India began opening up its market behind through economic liberalization. INTRODUCTION [pic] With the diverse cultural setup, it is advisable not to formulate a uniform business strategy in India. Different dissociates of the country are well-known for its distinct traits. The eastern surgical incision of India is known as the Land of the intellectuals, whereas the southern part is known for its technology acumen. On the other hand, the western part is known as the commercial-capital of the country, with the northern part cosmos the hub of political power. With such diversities in all the quadruple segments of the country, international business opportunity in India is surely huge. Sectors having potential for International business in India 1. Information Technology and... If you lack to get a full essay, order it on our website: Orderessay

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